Volume Stonkers | Shopify soared 20.28%, Third-Quarter Revenue Grows 26%, Positive Digital Payment Prospects
Tuesday, Nov 12, 2024 4:30 pm ET
2min read Tesla, ranked first by trading volume, fell 6.10% with a trading volume of $50.885 billion. After a post-U.S. presidential election surge, Tesla's stock price has retracted. Recently, Tesla's stock hit a two-and-a-half-year high, with Elon Musk maintaining his status as the world's richest person.
Nvidia, in second place, rose 2.10% with a trading volume of $28.792 billion. Nvidia is set to release its earnings report next week, and analysts are optimistic about its performance. UBS has raised its target price for the company, with Nvidia's AI capabilities and market demand continuing to attract attention.
MicroStrategy, in third place, increased by 4.88% with a trading volume of $13.514 billion. Recently, MicroStrategy purchased 27,200 bitcoins, and its stock price has surged 26 times since accumulating bitcoins. The company will lose its “controlled company” exemption, resulting in significant stock price volatility.
Meta, ranked fourth, rose 0.28% with a trading volume of $9.453 billion. Meta has reduced subscription fees for Facebook and Instagram by 40% in the EU to comply with regional regulatory requirements. Additionally, Meta is actively advancing in the AI sector.
Apple, in fifth place, remained unchanged with a trading volume of $9.034 billion. Apple plans to launch AI-driven smart home devices in March next year, with the market holding high expectations for its technological innovations.
Microsoft, in sixth place, rose 1.20% with a trading volume of $8.066 billion. Microsoft showcased its innovative technology in a charter high school project in Arizona, promoting advancements in the education sector.
Coinbase Global, in seventh place, fell 1.58% with a trading volume of $7.741 billion. As a cryptocurrency stock, Coinbase was affected by bitcoin price fluctuations.
Amazon, ranked eighth, increased by 1.02% with a trading volume of $7.551 billion. Amazon continues to push forward in technological innovation, reinforcing its leadership position in the market.
Shopify, in ninth place, soared 20.28% with a trading volume of $7.032 billion. Shopify's third-quarter revenue reached $2.162 billion, growing 26% year-over-year, with positive growth expectations in the digital payment sector.
Advanced Micro Devices (AMD), in tenth place, fell 2.53% with a trading volume of $4.808 billion. AMD launched the Versal Premium Series Gen 2, enhancing technological capabilities in the data center and communication sectors.
Alphabet A (Google A), ranked eleventh, rose 0.70% with a trading volume of $4.123 billion. Waymo launched its driverless taxi service in Los Angeles, marking further expansion in Google's autonomous driving ventures.
Palantir, in twelfth place, fell 0.61% with a trading volume of $3.448 billion. Palantir is facing challenges from a “bubble panic” spread, drawing market attention to its financial performance.
Broadcom, in thirteenth place, fell 1.50% with a trading volume of $2.785 billion. Broadcom continues to advance in the technology and communication sectors, with the market maintaining a watchful attitude on its future performance.
Eli Lilly, ranked fourteenth, fell 1.64% with a trading volume of $2.760 billion. Eli Lilly is grappling with safety concerns related to its obesity candidate drug, leading to varied analyst ratings on its stock.
Honeywell, in fifteenth place, rose 3.87% with a trading volume of $2.591 billion. Elliott Investment disclosed a significant stake in Honeywell and called for the company to consider a breakup.
Spotify Technology, ranked sixteenth, increased 2.27% with a trading volume of $2.564 billion. Spotify's active user base reached 640 million in the third quarter, marking the third consecutive quarter of profitability.
Salesforce, in seventeenth place, fell 0.16% with a trading volume of $2.561 billion. Salesforce expanded its AI product suite by launching AI Assist, pushing the progress of automation.
Alphabet C (Google C), ranked eighteenth, rose 0.75% with a trading volume of $2.560 billion. Waymo's launch of its driverless taxi service in Los Angeles further extends Google's influence in autonomous driving.
Boeing, in nineteenth place, fell 2.52% with a trading volume of $2.402 billion. Boeing expects the global freight fleet to grow to 3,900 aircraft over the next 20 years, with the market optimistic about its growth prospects in air freight.
Netflix, ranked twentieth, rose 1.75% with a trading volume of $2.274 billion. Netflix's ad-supported subscription plan has reached 70 million global monthly active users, achieving breakthrough progress in ad-supported services.
Nvidia, in second place, rose 2.10% with a trading volume of $28.792 billion. Nvidia is set to release its earnings report next week, and analysts are optimistic about its performance. UBS has raised its target price for the company, with Nvidia's AI capabilities and market demand continuing to attract attention.
MicroStrategy, in third place, increased by 4.88% with a trading volume of $13.514 billion. Recently, MicroStrategy purchased 27,200 bitcoins, and its stock price has surged 26 times since accumulating bitcoins. The company will lose its “controlled company” exemption, resulting in significant stock price volatility.
Meta, ranked fourth, rose 0.28% with a trading volume of $9.453 billion. Meta has reduced subscription fees for Facebook and Instagram by 40% in the EU to comply with regional regulatory requirements. Additionally, Meta is actively advancing in the AI sector.
Apple, in fifth place, remained unchanged with a trading volume of $9.034 billion. Apple plans to launch AI-driven smart home devices in March next year, with the market holding high expectations for its technological innovations.
Microsoft, in sixth place, rose 1.20% with a trading volume of $8.066 billion. Microsoft showcased its innovative technology in a charter high school project in Arizona, promoting advancements in the education sector.
Coinbase Global, in seventh place, fell 1.58% with a trading volume of $7.741 billion. As a cryptocurrency stock, Coinbase was affected by bitcoin price fluctuations.
Amazon, ranked eighth, increased by 1.02% with a trading volume of $7.551 billion. Amazon continues to push forward in technological innovation, reinforcing its leadership position in the market.
Shopify, in ninth place, soared 20.28% with a trading volume of $7.032 billion. Shopify's third-quarter revenue reached $2.162 billion, growing 26% year-over-year, with positive growth expectations in the digital payment sector.
Advanced Micro Devices (AMD), in tenth place, fell 2.53% with a trading volume of $4.808 billion. AMD launched the Versal Premium Series Gen 2, enhancing technological capabilities in the data center and communication sectors.
Alphabet A (Google A), ranked eleventh, rose 0.70% with a trading volume of $4.123 billion. Waymo launched its driverless taxi service in Los Angeles, marking further expansion in Google's autonomous driving ventures.
Palantir, in twelfth place, fell 0.61% with a trading volume of $3.448 billion. Palantir is facing challenges from a “bubble panic” spread, drawing market attention to its financial performance.
Broadcom, in thirteenth place, fell 1.50% with a trading volume of $2.785 billion. Broadcom continues to advance in the technology and communication sectors, with the market maintaining a watchful attitude on its future performance.
Eli Lilly, ranked fourteenth, fell 1.64% with a trading volume of $2.760 billion. Eli Lilly is grappling with safety concerns related to its obesity candidate drug, leading to varied analyst ratings on its stock.
Honeywell, in fifteenth place, rose 3.87% with a trading volume of $2.591 billion. Elliott Investment disclosed a significant stake in Honeywell and called for the company to consider a breakup.
Spotify Technology, ranked sixteenth, increased 2.27% with a trading volume of $2.564 billion. Spotify's active user base reached 640 million in the third quarter, marking the third consecutive quarter of profitability.
Salesforce, in seventeenth place, fell 0.16% with a trading volume of $2.561 billion. Salesforce expanded its AI product suite by launching AI Assist, pushing the progress of automation.
Alphabet C (Google C), ranked eighteenth, rose 0.75% with a trading volume of $2.560 billion. Waymo's launch of its driverless taxi service in Los Angeles further extends Google's influence in autonomous driving.
Boeing, in nineteenth place, fell 2.52% with a trading volume of $2.402 billion. Boeing expects the global freight fleet to grow to 3,900 aircraft over the next 20 years, with the market optimistic about its growth prospects in air freight.
Netflix, ranked twentieth, rose 1.75% with a trading volume of $2.274 billion. Netflix's ad-supported subscription plan has reached 70 million global monthly active users, achieving breakthrough progress in ad-supported services.
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